Digital Turbine, Inc. (APPS) Financial Statements
Industry: Patent Owners & Lessors
In fiscal 2026, Digital Turbine reported revenue of $565.3M, up 15.2% from $490.5M the year before. Net income was -$37.7M (a -6.7% net margin), or -$0.33 per diluted share. Gross margin was 56.9% and operating margin was 6.0%. Operating activities generated $41.8M of cash, leaving $11.2M of free cash flow. At fiscal year end, Digital Turbine held $841.7M in total assets against $649.5M in total liabilities, including $37.7M of cash and equivalents.
Open the full interactive Digital Turbine financials → Quarterly statements, key ratios, valuation history and price charts.
Digital Turbine Key Stats
| Share Price | $10.36 |
|---|---|
| Market Cap | $1.25B |
| Revenue YoY Growth | +15.2% |
| 52-Week Range | $2.82 – $14.39 |
| Shares Outstanding | 120.7 million (basic, 2027 Q1) |
Digital Turbine Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Revenue | $313.6M | $747.6M | $665.9M | $544.5M | $490.5M | $565.3M |
| Cost of Goods Sold | $178.6M | $370.6M | $309.2M | $262.2M | $235.3M | $243.6M |
| Gross Profit | $134.9M | $376.9M | $356.7M | $282.3M | $255.2M | $321.6M |
| Operating Income | $59.2M | $92.2M | $46.2M | -$374.4M | -$54.1M | $34.0M |
| Pre-Tax Income | $41.9M | $44.0M | $22.0M | -$405.1M | -$87.9M | -$31.3M |
| Income Tax | -$13.0M | $8.4M | $5.1M | $15.3M | $4.2M | $6.4M |
| Net Income | $54.9M | $35.5M | $16.7M | -$420.2M | -$92.1M | -$37.7M |
| Diluted EPS | $0.57 | $0.35 | $0.16 | -$4.16 | -$0.89 | -$0.33 |
Digital Turbine Quarterly Results
| 2026 Q2 | 2026 Q3 | 2026 Q4 | 2027 Q1 | |
|---|---|---|---|---|
| Revenue | $140.4M | $151.4M | $142.5M | $166.0M |
| Net Income | -$21.4M | $5.1M | -$7.3M | -$11.3M |
| Diluted EPS | -$0.20 | $0.03 | -$0.07 | -$0.09 |
Digital Turbine Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $30.8M | $126.8M | $75.1M | $33.6M | $39.4M | $37.7M |
| Current Assets | $97.4M | $410.9M | $266.1M | $242.3M | $242.8M | $311.9M |
| Total Assets | $260.4M | $1.46B | $1.27B | $865.5M | $812.9M | $841.7M |
| Current Liabilities | $111.1M | $385.3M | $220.9M | $236.0M | $222.5M | $268.3M |
| Total Long-Term Debt | — | $533.3M | $410.5M | $383.5M | $408.7M | $361.0M |
| Total Liabilities | $115.3M | $942.3M | $659.3M | $651.6M | $658.9M | $649.5M |
| Shareholders' Equity | $145.1M | $514.6M | $605.2M | $213.9M | $154.0M | $192.2M |
Digital Turbine Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $62.8M | $84.7M | $113.4M | $28.7M | $11.9M | $41.8M |
| Cash From Investing | -$37.8M | -$172.0M | -$35.1M | -$43.8M | -$27.5M | -$30.6M |
| Cash From Financing | -$15.2M | $185.2M | -$128.3M | -$29.3M | $23.3M | -$10.9M |
| Free Cash Flow | — | — | — | — | — | $11.2M |
Figures from Digital Turbine's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Digital Turbine financials page for every line item.
Digital Turbine Company Profile
| Ticker | APPS |
|---|---|
| Exchange | Nasdaq |
| Industry | Patent Owners & Lessors |
| Headquarters | Austin, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | March 31 |
| SEC Filer Category | Accelerated filer |
| SEC CIK | 0000317788 |
Frequently Asked Questions
What was Digital Turbine's revenue in fiscal 2026?
Digital Turbine (APPS) reported revenue of $565.3M for fiscal 2026.
What is Digital Turbine's annual revenue history?
Digital Turbine's annual revenue by fiscal year: 2021: $313.6M; 2022: $747.6M; 2023: $665.9M; 2024: $544.5M; 2025: $490.5M; 2026: $565.3M.
What was Digital Turbine's net income in fiscal 2026?
Digital Turbine reported net income of -$37.7M for fiscal 2026.
What was Digital Turbine's earnings per share (EPS) in fiscal 2026?
Digital Turbine's diluted EPS was -$0.33 for fiscal 2026 (adjusted for any later stock splits).
How much free cash flow did Digital Turbine generate in fiscal 2026?
Digital Turbine generated $11.2M of free cash flow in fiscal 2026.
What was Digital Turbine's revenue last quarter?
In its most recent reported quarter (2027 Q1), Digital Turbine reported revenue of $166.0M.
How much debt does Digital Turbine have?
Digital Turbine reported $361.0M of long-term debt, including the current portion, at the end of fiscal 2026.
How many shares of Digital Turbine are outstanding?
Digital Turbine reported a weighted average of 120.7 million basic shares outstanding in 2027 Q1.
What is Digital Turbine's market cap?
Based on its latest closing price, Digital Turbine (APPS) has a market capitalization of about $1.25B.
When does Digital Turbine's fiscal year end?
Digital Turbine's fiscal year end, as registered with the SEC, is March 31.
Where is Digital Turbine headquartered?
Digital Turbine lists its business address in Austin, Texas in its SEC filings.